{"schema_version":"secwatch.filing_event.v1","accession":"0001403475-25-000019","form_type":"8-K","ticker":"BMRC","cik":"0001403475","company_name":"Bank of Marin Bancorp","filed_at":"2025-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.531960+00:00","generated_at":"2026-05-26T04:40:06.550589+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Two Bank of Marin directors to retire at 2025 annual meeting; board to shrink by two","bullets":["Directors William McDevitt and Sanjiv Sanghvi notified company on Feb 19, 2025 they will not stand for re-election at the 2025 Annual Meeting.","Board size will be reduced by two members effective as of the 2025 Annual Meeting.","Cooperation agreement with certain shareholders who nominated Sanghvi will terminate without extension.","Both directors will serve out their current terms until the annual meeting."],"urls":{"canonical":"https://secwatch.observer/filing/0001403475-25-000019","json":"https://secwatch.observer/filing/0001403475-25-000019.json","markdown":"https://secwatch.observer/filing/0001403475-25-000019.md","text":"https://secwatch.observer/filing/0001403475-25-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403475/000140347525000019/0001403475-25-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403475/000140347525000019/bmrc-20250219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:40:06.550589+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6731da8fb7","claim":"William McDevitt departed as Director at Bank of Marin Bancorp.","evidence_excerpt":"Directors, Mr. William McDevitt and Mr. Sanjiv Sanghvi notified the Company on February 19, 2025, that each will serve out their current term for Director until the Company's 2025 Annual Meeting of Shareholders, but will not stand for re-election at such meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347525000019/0001403475-25-000019-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will not stand for re-election"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"fa42a1ecd5","claim":"Sanjiv Sanghvi departed as Director at Bank of Marin Bancorp.","evidence_excerpt":"Directors, Mr. William McDevitt and Mr. Sanjiv Sanghvi notified the Company on February 19, 2025, that each will serve out their current term for Director until the Company's 2025 Annual Meeting of Shareholders, but will not stand for re-election at such meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347525000019/0001403475-25-000019-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will not stand for re-election"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}